Insulin Is A Lifesaving Drug, But It Has Become Intolerably Expensive. And The Consequences Can Be Tragic.

Stat: California Governor Moves To Bolster Negotiating Power For Lower Drug Prices

In what is being billed as a first-of-its-kind move, California Gov. Gavin Newsom signed an executive order calling for state officials to negotiate prescription drug prices on behalf of the 13 million people covered by Medi-Cal, the state Medicaid program, and allow private insurers to participate as well. Currently, prescription drug purchasing for all but 2 million Californians is currently handled by private insurers that run managed care plans for the state program. Negotiations will now be handled by the state Department of Health Care Services and all state agencies are directed to purchase drugs together. (Silverman, 1/8)

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